Stock market today: Tesla drops in early trading

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As of January 23, 2025, 10:55 AM (GMT-5), Tesla, Inc. (TSLA) has seen a 0.65% drop, now priced at $412.41 following a previous close of $415.11. The stock is currently trading within a day’s range of $410.35 to $420.73, showing a modest fluctuation amid broader market trends. Tesla continues to hold a market cap of $1.324 trillion, maintaining its position as one of the most valuable companies in the world.

  • Current Price: $412.41
  • Market Cap: $1.324 trillion
  • Day’s Range: $410.35 – $420.73
  • 52-Week Range: $138.80 – $488.54
  • Volume: 21,290,728
  • Average Volume: 95,276,758
  • PE Ratio (TTM): 113.00
  • EPS (TTM): 3.65
  • Earnings Date: January 29, 2025
  • 1-Year Target Estimate: $314.39

Tesla’s stock is currently down by $2.70, with a bid at $412.39 x 100 and the ask at $413.95 x 1800. Despite the small decline, the 52-week range of $138.80 to $488.54 highlights Tesla’s historical volatility. With a PE ratio of 113.00, investors are closely watching Tesla’s upcoming earnings date on January 29, 2025, to gauge future growth potential.

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Tesla’s stock has dipped slightly today, but it remains an important player in the electric vehicle market. With a market cap of $1.324 trillion and strong prospects for innovation, Tesla continues to attract investors. The 1-year target estimate of $314.39 suggests that analysts expect a potential correction, but Tesla’s long-term growth potential remains high.

Disclaimer: The information provided here is for informational purposes only. This article does not constitute financial advice.